{"id":139055,"date":"2023-09-04T20:00:14","date_gmt":"2023-09-04T13:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-unit-of-hong-kongs-new-world-reports-us1-37-billion-in-home-sales-among-few-bright-spots-in-mainland-property-sector\/"},"modified":"2023-09-04T20:02:04","modified_gmt":"2023-09-04T13:02:04","slug":"china-unit-of-hong-kongs-new-world-reports-us1-37-billion-in-home-sales-among-few-bright-spots-in-mainland-property-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-unit-of-hong-kongs-new-world-reports-us1-37-billion-in-home-sales-among-few-bright-spots-in-mainland-property-sector\/","title":{"rendered":"China unit of Hong Kong\u2019s New World reports US$1.37 billion in home sales, among few bright spots in mainland property sector"},"content":{"rendered":"


\nNew World Development sold more than 10 billion yuan (US$1.37 billion) worth of residential projects in mainland China in the first eight months of the year, the company said in a statement on Monday.
\n
\nSource : South China Morning Post
\nRead more…China unit of Hong Kong\u2019s New World reports US.37 billion in home sales, among few bright spots in mainland property sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New World Development sold more than 10 billion yuan (US$1.37 billion) worth of residential projects...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139055","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AaP","jetpack-related-posts":[{"id":48966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales\/","url_meta":{"origin":139055,"position":0},"title":"K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales","date":"March 21, 2017","format":false,"excerpt":"\r K Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion (US$360.53 million), lifted by robust property sales in Hong Kong and the mainland. The mid-sized developer said profit attributable to equity holders rose to HK$3.18 billion, compared to HK$1.37 billion a year earlier, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landowner-wharf-sees-core-profit-plunge-by-two-thirds-amid-falling-home-sales-in-mainland-china\/","url_meta":{"origin":139055,"position":1},"title":"Hong Kong landowner Wharf sees core profit plunge by two thirds amid falling home sales in mainland China","date":"August 9, 2018","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest landowners, reported a 66 per cent drop in core profit because of weak property sales in mainland China. The conglomerate\u2019s core profit came in at HK$2.53 billion (US$322.31 million) for the six months ended June 30, according to a filing to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hendersons-interim-profit-more-than-doubles-in-hong-kongs-real-estate-boom\/","url_meta":{"origin":139055,"position":2},"title":"Henderson\u2019s interim profit more than doubles in Hong Kong\u2019s real estate boom","date":"August 22, 2017","format":false,"excerpt":"\r Henderson Land Development\u2019s interim earnings more than doubled, as booming sales in the world\u2019s most expensive real estate market helped meet its full-year sales target within six months, and bolstered its bottom line. Underlying profit, excluding revaluation gains on investment properties jumped to HK$10.73 billion (US$1.37 billion) in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-fuel-25-of-hong-kong-home-sales-last-quarter-centaline\/","url_meta":{"origin":139055,"position":3},"title":"Mainland Chinese buyers fuel 25% of Hong Kong home sales last quarter: Centaline","date":"October 20, 2025","format":false,"excerpt":"\r Mainland Chinese homebuyers remain a strong driving force in Hong Kong\u2019s residential property market, spending HK$38 billion (US$4.9 billion) to account for 25 per cent of the city\u2019s total home transactions in the third quarter, according to Centaline Property Agency. Buyers with names in pinyin \u2013 the mainland\u2019s system\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":139055,"position":4},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-homes-mainland-chinese-buyers-drive-us3-billion-buying-spree\/","url_meta":{"origin":139055,"position":5},"title":"Hong Kong luxury homes: mainland Chinese buyers drive US$3 billion buying spree","date":"August 11, 2025","format":false,"excerpt":"\r Hong Kong\u2019s super luxury property market has seen 35 transactions worth about HK$23 billion (US$2.93 billion) in the past 19 months, with ownership shifting from local property-industry tycoons to mainland buyers who have made their fortunes in hot industries, according to Savills. Wealthy buyers from mainland China accounted for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139055"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=139055"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139055\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}